Skip to main content
 

March 2020 Edition

 
 

California Attorney General Releases Modified Proposed CCPA Regulations

The California Attorney General’s office released a notice of modifications to the proposed regulations for the California Consumer Privacy Act ("CCPA") on February 7, 2020, and additional updates on February 10, 2020. Learn More

 
 
 
 

Compliance Term of the Month

Business Day

Federal mortgage law uses two rules for business day depending on the nature of the concern at issue: General Business Day or Specific Business Day.  General business day is based on when the business is substantially open and Specific business day follows a list defined by federal statute for national holidays.

 
 

Form Updates

Update on Status of Transition to Redesigned Uniform Residential Loan Application

As previously announced, DocMagic has been working diligently to support the redesigned Uniform Residential Loan Application (“URLA”) and related forms.   Read More

 

Complimentary

Estimated Schedule for Updated GSE Notes and Riders

DocMagic is in the process of updating applicable ARM notes and riders based on changes announced by Fannie Mae and Freddie Mac related to the addition of fallback language... Read More

 

Complimentary

DocMagic Updating Form Titles to Title Case

DocMagic is making an update to how our form titles are displayed in certain systems to ensure form titles are displayed in Title Case.  Read More

 

Complimentary

New/Revised Documents - February 2020

In order to keep DocMagic software users better apprised of document changes and additions as they occur, DocMagic posts listings of all newly created and revised documents. Read More

 

Complimentary

 

Upcoming Event

Futurescape 2.0

MBA Tech Attendees: Join us after MBA's Technology Conference and Expo as we celebrate the next decade of mortgage technology and innovation.

 
 
 

System Updates

 
month_year

SOLUTIONS THAT WORK. TECHNOLOGY TO STAY COMPLIANT.